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RBI/FED/2016-17/12 (Updated as on October 28, 2020 ...

RBI/FED/2016-17/12 . FED Master Direction No. 17/2016-17 January 1, 2016. ( updated as on February 02, 2018). ( updated as on January 12, 2017). ( updated as on October 20, 2016). ( updated as on March 31, 2016). ( updated as on February 4, 2016). To All Authorised Dealer Category I banks and Authorised Banks Madam / Dear Sir, Master Direction Import of Goods and Services Import of Goods and Services into India is being allowed in terms of Section 5 of the foreign Exchange Management Act 1999 (42 of 1999), read with Notification No. 381(E). dated May 3, 2000 viz. foreign Exchange Management (Current Account Transaction).

B.2. Remittances for Import Payments B.3. Import Licenses B.4. Obligation of Purchaser of Foreign Exchange B.5. Time Limit for Settlement of Import Payments B.6. Import of Foreign exchange / Indian Rupees B.7. Third Party Payment for Import Transactions B.8. Issue of Guarantees by an Authorised Dealer Section III - Operational Guidelines for ...

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